Banking

Track Bank Accounts

Cash flow forecast

See ‘Cash flow forecast’

Add Bank Account

Bank Accounts are displayed on the Payments, so as they can be selected to direct monies to and from the relevant Bank account.
Multiple Currencies? You can set up bank accounts that model and track foreign currencies. If you do this make sure you go back to the Currencies List and set the commensurate default payment settings. See Payment Defaults for Currency.
To add a Bank Account,
Banking>Bank Accounts>+
Bank Accounts have Actions to allow users to perform the following tasks:

Enter Purchase (Expenses)

This action directs the user to an EP (Enter Purchases) Document. Users can enter miscellaneous expenses directly from this account onto the General Ledger.

Make Deposit

Approve and Edit Deposits to this Bank Account. You can save Deposits as Pending.

Transfer Funds

Transfer a balance from this account to the selected Account in the General Ledger.

Enter Payment to Account

The purpose of this action is to manage GL entries to the Profit and Loss ‘Other Income Accounts’.

Enter Payment from Account

The purpose of this action is to manage GL entries from the Profit and Loss ‘Other Expense Accounts’

Print Checks

See ‘Checks

Reconcile

Money Out

A consolidated view of monies flowing out of the business

Money In

A consolidated view of monies flowing into the business